DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote (5120)	11/2/1999 1:35:00 PM
From: Leland Charon	Read Replies (3) of 18137

Eric, That was one heck of a set-up on WHIT. I made one of the dumbest trades of my career this morning. I went long MOT at 103 (early) and gave it a rather large wiggle for myself. I sold the low of the day at 101 15/16 and the stock is now approaching 105. I should have been more patient and let the stock pattern up a little more. MOT brokeout yesterday and that is what attracted me to the play. I never entered the stock therefore I missed the entire that I was going after in the first place. This was pretty costly as I traded 1000 shares of MOT. Just had to vent, Leland

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